These were the 5 top performing ASX BNPL shares of 2021

Invested in these shares in 2021? Pat yourself on the back, you picked a winner.

| More on:
Woman cheers as she shops online with credit card

Image source: Getty Images

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

While 2020 was a brilliant year for many ASX buy now, pay later (BNPL) shares, 2021 wasn't so dazzling.

In fact, only 2 stocks with market capitalisations of over $30 million recorded share price gains for the last 12 months.

Let's take a look at the winning BNPL stocks of the last 12 months.

The best performing ASX BNPL shares of 2021

Fatfish Group Ltd (ASX: FFG) – up 36%

The Fatfish share price bested that of its BNPL peers over the course of 2021.

Having started the year trading at 3.8 cents, it finished at 4.9 cents.

The major news that boosted the company's stock was, interestingly, not released by it.

According to the company, its share price soared 440% over 2 sessions, likely due to a sale made by its investee iCandy Interactive Ltd (ASX: ICI).

Additionally, Fatfish acquired Forever Pay, a stake in Pay Direct Technology, BNPL Next, and has launched its BNPL offering, PaySlowSlow in 2021.

Novatti Group Ltd (ASX: NOV) – up 15%

The first half of 2021 saw the Novatti share price performing strongly. However, the second half saw it drop most of its gains to finish just 15% higher than it started.

The major news to move the company's stock was its agreement with fellow ASX BNPL company, Afterpay Ltd (ASX: APT).

Afterpay selected Novatti to provide its services in New Zealand, sending the latter's shares 32% higher.

Having started the year trading at 25.5 cents, Novatti's stock finished 2021 swapping hands at 30 cents.

Ioupay Ltd (ASX: IOU) – down 21%

The Ioupay share price's major move of 2021 was an unexplained one.

In February it was handed a 'please explain' from the ASX after its stock gained 32% in a day. The company responded by saying it was as perplexed as anyone else.

Since then, its share price has once more slumped.

After starting 2021 trading at 19.5 cents, it's finished trading at 15.5 cents.

Humm Group Ltd (ASX: HUM) – down 20%

The Humm share price outperformed many of its peers despite recording a 20% tumble.

It began the year trading at $1.13 and finished it at 90 cents.

The most recent news to rumble the company's stock was a mention of a potential takeover.

Zip Co Ltd (ASX: Z1P) – down 18%

Finally, ASX BNPL favourite Zip made it onto the podium – just.

The company's shares started 2021 swapping hands for $5.59 and have since tumbled to finish 2021 trading at $4.33.

Over the course of the year, Zip rebranded its previous purchase, QuadPay in the United States.

It has also acquired – or is working to acquire – inroads in Europe, South Africa, the Middle East, and Asia.

Motley Fool contributor Brooke Cooper has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. owns and has recommended ZIPCOLTD FPO. The Motley Fool Australia has recommended Humm Group Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

More on BNPL shares

A man pulls a shocked expression with mouth wide open as he holds up his laptop.
BNPL shares

Zip share price charges higher on Q3 results and stellar US growth

How did Zip perform during the quarter?

Read more »

A businessman carrying a briefcase looks at a square peg or block sinking into a round hole.
BNPL shares

Why is the Block share price getting pulped on Friday?

ASX 200 investors are bidding down the Block share price on Friday.

Read more »

A woman sits back and enjoys the view from a paraglider, indicating share price lifts for ASX travel and adventure shares
BNPL shares

Up 71% in 3 weeks, have Zip shares topped out?

Despite the stellar run higher, Zip shares are still trading at a fraction of their February 2021 highs.

Read more »

A woman sits on a chair smiling as she shops online.
BNPL shares

Why is the Zip share price the best-performing ASX 300 stock so far this year?

The best-performing ASX 300 stock of 2024 so far is an unlikely hero.

Read more »

A happy girl in a yellow playsuit with a zip gives the thumbs up
Share Gainers

If I'd put $5,000 into Zip shares on 9 October, here's what I'd have now!

The stars have been aligning for Zip shares.

Read more »

woman using affirm to pay
BNPL shares

Up 288% in 6 months, Zip share price tipped for more outsized gains

Zip shares have rocketed 288% in just six months.

Read more »

A businessman stacks building blocks.
BNPL shares

Up 93% since October, why are Block shares marching ahead again on Friday?

ASX 200 investors have been snapping up Block shares.

Read more »

A man wearing glasses and a white t-shirt pumps his fists in the air looking excited and happy about the rising OBX share price
BNPL shares

Zip share price up 58% in 7 trading days! What's going on?

This BNPL provider has been on fire recently. But why?

Read more »